Market Research on Blenders Industry Revealing the Opportunities, Trends, Demand and Top Players of the Industry, Reviewed till 2026
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With the rise in per capita income of consumers, particularly in emerging countries, demand for various domestic food preparation equipment such as blenders has witnessed a surge. The number of female buyers associated with household appliances, with their pressing requirements for ease and convenience, has skyrocketed across the globe. In addition, pervasiveness of demand for technologically advanced electric kitchen appliances is likely to prevail, especially among demographics with higher GHDI. A new research study of Fact.MR foretells that the global market for blenders will record a value CAGR of 4.9% in the period between 2017 and 2026. Over 100,000,000 units of blenders are estimated to be sold worldwide by 2026-end.
APEJ to Remain Fast-Expanding Market for Blenders
Developing countries of Asia-Pacific excluding Japan (APEJ) are expected to prevail as major consumers of blenders worldwide, which can be attributed to their rising disposable incomes and increasing adoption of technologically advanced consumer electronic products. In countries such as China and India, the booming ecommerce sector is boding well for kitchen appliance sales.
Consumer electronic product manufacturers in APEJ are focusing on establishing their presence in online retail sector, which will further influence sales of blenders in the region. APEJ is expected to remain the fast-expanding market for blenders both in terms of value and volume.
Sizes Influencing Development of All-Purpose Ever-Shrinking Kitchen Blender Designs
Owing to financial difference among the global demographic, size of residential spaces differ accordingly as not everyone can afford living in mansions with size of kitchens equaling small apartments. With robust population expansion, living spaces are undergoing contraction, apartments and houses are reducing in size, and efficiency has become the new normal in the construction industry. Among new trends in the residential construction sector, the most popular one is leveraging minimal space, which in turn affects floor areas of kitchen primarily.
Faced with ever-shrinking kitchen sizes, demand for time-saving compact food appliances has surged, which in turn has resulted into the development of all-purpose counter blenders. This product development has enabled elimination of bulk storage issues, lugging machines in the kitchen, and clutter. Improved functionality, power, safety and compact size are key demand drivers of these blenders.
Characterized by the occupancy of well-established and diversified regional and international vendors, the global market for blenders is fragmented in nature. While international players in the market are concentrating on extending their footprint, regional players are facing challenges in competing them based on cost, technology, and product quality. Key players profiled by the report include PHILIPS, Midea, Joyoung, Panasonic, SUPOR, BRAUN, ACA, and Deer.
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Table of Content:
1. Global Economic Outlook
2. Global Blenders Market – Executive Summary
2.1. Opportunity Analysis
2.2. Mega Trends
3. Global Blenders Market Overview
3.1.1. Global Blenders Market Taxonomy
3.1.2. Global Blenders Market Definition
3.2. Global Blenders Market Size (US$ Mn) & Volume (Units) and Forecast, 2012-2026
3.2.1. Global Blenders Market Y-o-Y Growth
3.3. Global Blenders Market Dynamics
3.4 Global Food Preparation Appliances Market Overview
3.5. Investment feasibility matrix
3.6. Forecast Scenario and Impact Analysis
3.7. Forecast Factors
4. Global Blenders Market Analysis and Forecast 2012-2026
4.1. Global Blenders Market Size and Forecast By Product Type, 2012-2026
4.1.1. Countertop Blenders Market Size and Forecast, 2012-2026
22.214.171.124. Revenue (US$ Mn) & Volume (Units) Comparison, By Region
126.96.36.199. Market Share Comparison, By Region
188.8.131.52. Y-o-Y growth Comparison, By Region
4.1.2. Personal Blenders Market Size and Forecast, 2012-2026
184.108.40.206. Revenue (US$ Mn) & Volume (Units) Comparison, By Region
220.127.116.11. Market Share Comparison, By Region
18.104.22.168. Y-o-Y growth Comparison, By Region
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Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Retail & Consumer Goods market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.
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